PepsiCo (PEP) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of PepsiCo (NASDAQ: PEP) recently:

• 7/2/2026 – PepsiCo had its price target lowered by UBS Group AG from $186.00 to $172.00. They now have a “buy” rating on the stock.
• 7/2/2026 – PepsiCo had its price target lowered by Barclays PLC from $158.00 to $144.00. They now have an “equal weight” rating on the stock.
• 7/1/2026 – PepsiCo was given a new $142.00 price target by Sanford C. Bernstein. They now have a “market perform” rating on the stock.
• 7/1/2026 – PepsiCo had its price target lowered by JPMorgan Chase & Co. from $178.00 to $170.00. They now have an “overweight” rating on the stock.
• 6/25/2026 – PepsiCo was given a new $162.00 price target by Jefferies Financial Group Inc..
• 6/25/2026 – PepsiCo had its price target lowered by Citigroup Inc. from $182.00 to $170.00. They now have a “buy” rating on the stock.
• 6/25/2026 – PepsiCo had its price target lowered by Bank of America Corporation from $173.00 to $164.00. They now have a “neutral” rating on the stock.
• 6/18/2026 – PepsiCo had its price target lowered by Deutsche Bank Aktiengesellschaft from $173.00 to $168.00. They now have a “buy” rating on the stock.
• 6/12/2026 – PepsiCo had its price target lowered by Piper Sandler from $181.00 to $178.00. They now have an “overweight” rating on the stock.
• 6/12/2026 – PepsiCo had its price target lowered by Piper Sandler from $181.00 to $178.00. They now have an “overweight” rating on the stock.
• 6/12/2026 – PepsiCo had its price target lowered by TD Cowen from $165.00 to $150.00. They now have a “hold” rating on the stock.
• 6/11/2026 – PepsiCo is now covered by Sanford C. Bernstein. They set a “market perform” rating and a $143.00 price target on the stock.
• 6/11/2026 – PepsiCo is now covered by Sanford C. Bernstein. They set a “market perform” rating and a $143.00 price target on the stock.
• 6/5/2026 – PepsiCo had its price target lowered by Wells Fargo & Company from $160.00 to $150.00. They now have an “equal weight” rating on the stock.
• 5/18/2026 – PepsiCo had its price target lowered by Wells Fargo & Company from $165.00 to $160.00. They now have an “equal weight” rating on the stock.
• 5/11/2026 – PepsiCo had its price target raised by Rothschild & Co Redburn from $130.00 to $132.00.

PepsiCo Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were paid a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, June 5th. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio (DPR) is currently 92.94%.

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.